MSTR Stock Rises Nearly 4% in Wednesday Pre-Market Trading: What’s Going On?
Posted On March 5, 2025
Strategy Inc. (NASDAQ:MSTR) shares rose 3.94% in Wednesday’s pre-market trading, as Bitcoin (CRYPTO: BTC) moves closer to the $90,000 mark, according to data from Benzinga Pro.
What Happened: Strategy, a major Bitcoin holder, saw its shares rise as the cryptocurrency recovered its previous losses amid bargain buying and hopes of a tariff relief. On Tuesday, US Commerce Secretary Howard Lutnick signaled that President Donald Trump could give concessions to Canada and Mexico, after imposing a 25% tariff.
Bitcoin has been quite volatile in the week so far. Over the weekend and Monday, it moved higher as Trump announced plans of a crypto reserve. However, …